GREY:EORBF - Post by User
Comment by
Fnordon Dec 15, 2011 1:07pm
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Post# 19325607
RE: 12 day slip
RE: 12 day slipEverything's pretty much being determined by the macro environment right now unfortunately. On Tuesday, after the Fed failed to announce any new QE, stocks all over the place took a quick dive, even very thinly-traded stocks. Was every investor just waiting breathlessly at their computer for the FED's announcement, ready to hit the sell button? No, of course not. It's all just programmed trades and day traders. All things considered, I'd say Ort is holding up pretty well compared to some other juniors which are testing or their October lows. It's still sitting 80% above its October 3rd close.This market could do anything now so I'm not making any predictions here. But Ort is showing some relative strength which I find encouraging.